No Sale Period definition

No Sale Period means any period after an IPO of Laureate in which the underwriters in such IPO have requested that one or more Laureate shareholders not sell their shares of Common Stock.
Sample 1Sample 2Sample 3
No Sale Period means the period from the date hereof to the date which is four (4) years after the Effective Date.
Sample 1Sample 2
No Sale Period. A period of three (3) years from the date hereof. -------------- Notice: A notice given pursuant to Article XXX. ------
Sample 1

Examples of No Sale Period in a sentence

  • No Holder shall be entitled to exercise any right provided for in this Agreement after five (5) years following the End of the No Sale Period, or, as to any Holder, such earlier time at which all Registrable Securities held by such Holder are eligible to be sold without registration in compliance with Rule 144 of the Securities Act and can be sold under such Rule within 3 months.

  • Notwithstanding any of the foregoing to the contrary, Lessor shall not, without the prior written consent of Lessee, convey the Leased Property to anyone other than a Subsidiary of Lessor or a Holder during the No Sale Period.

  • The No Sale Period will lapse as of the date that a Change of Control, as defined in Section 6 of the Plan, occurs.

  • The Award Recipient may not sell, assign, transfer, pledge or otherwise encumber the Shares, nor any of his or her rights pertaining thereto, during the No Sale Period, other than by will or the laws of intestacy.

  • During the No Sale Period, the Company will reinvest cash dividends paid with respect to the Shares in additional shares of common stock of the Company, and shares received pursuant to such reinvestment will be subject to the same restrictions as the Shares.

  • Transfer by such Shareholder of up to 10% of his/its shares per year, commencing on the Closing Date, and up to an aggregate not exceeding 30% of the shares at the Closing Date during the No Sale Period.

  • In determining the No Sale Period of an Award, the Board may provide that the foregoing restrictions shall lapse with respect to specified percentages of the awarded Restricted Shares on successive anniversaries of the date of such Award.

  • Subject to Section 4 below, the Shares will not be transferable during the period beginning on the date of grant and ending upon the termination for any reason (including death, disability, retirement, voluntary resignation or involuntary termination, whether or not for "cause") of the Award Recipient's employment with the Company or any of its Affiliates (the "No Sale Period").

  • No Sale Period may be extended pursuant to the terms of Schedules A-1 and A-2 without: the Issuer's written representation that such extension does not violate the Issuer's trading policy.

  • No Sale Period (as defined in Exhibit A) may commence until two (2) business days after Seller adopts this Plan, but in no event will sales commence until MDB signs this Plan.


More Definitions of No Sale Period

No Sale Period has the meaning ascribed to such term in Section 9(a).
Sample 1
No Sale Period as set forth in Section 16.1.1 hereof. CONSOLIDATED VERSION
Sample 1

Related to No Sale Period

  • Sale Period has the meaning set forth in Section 8.7,

  • Resale Period shall have the meaning assigned thereto in Section 2(a) hereof.

  • Co-Sale Notice has the meaning set forth in Section 2.4(b).

  • Selling Period means any Forward Hedge Selling Period or any Issuance Selling Period.

  • Closing Period means the period between the close of business on the date of this Agreement and the Closing.

  • Off-Peak Period means the period during which the demand on an electric utility system is not at or near its maximum. For the purpose of this section, the off-peak period includes all hours that are not in the peak period.

  • Payoff Period For the first Distribution Date, the period from the Cut-Off Date through November 14, 2005, inclusive; and for any Distribution Date thereafter, the period from the 15th day of the Prior Period through the 14th day of the month of such Distribution Date, inclusive.

  • Purchase and Sale Termination Date has the meaning set forth in Section 1.4 of the Sale Agreement.

  • Acquisition Period means any period commencing on the date that a Material Acquisition is consummated through and including the last day of the second full fiscal quarter following the date on which such acquisition is consummated; provided that there shall be at least one full fiscal quarter between any two Acquisition Periods.

  • Use Period means the period commencing on the date that the ABL Agent or an agent acting on its behalf (or an ABL Credit Party acting with the consent of the ABL Agent) commences the liquidation and sale of the ABL Priority Collateral in a manner as provided in Section 3.6 hereof (having theretofore furnished the Controlling Term Agent with an Enforcement Notice) and ending 180 days thereafter. If any stay or other order that prohibits any of the ABL Agent, the other ABL Secured Parties or any ABL Credit Party (with the consent of the ABL Agent) from commencing and continuing to Exercise Any Secured Creditor Remedies or from liquidating and selling the ABL Priority Collateral has been entered by a court of competent jurisdiction, such 180-day period shall be tolled during the pendency of any such stay or other order and the Use Period shall be so extended.

  • ROFO Period is defined in Section 6.1(a).

  • Initial Offering Period means the initial period during which a Series of the Trust will offer its Shares prior to the commencement of investment operations of such Series;

  • Holdback Period has the meaning set forth in Section 3(a).

  • Lock-up Period means the period beginning on the date hereof and continuing through the close of trading on the date that is 90 days after the date of the Prospectus (as defined in the Underwriting Agreement).

  • Registration Period shall have the meaning specified in Section 5(C), below.

  • Pre-Closing Period means any Tax period ending on or before the Closing Date.

  • Taxable Period means any taxable year or other period that is treated as a taxable year with respect to which any Tax may be imposed under any applicable statute, rule or regulation.

  • Last Reported Sale Price of the Common Stock on any date means the closing sale price per share (or if no closing sale price is reported, the average of the bid and ask prices or, if more than one in either case, the average of the average bid and the average ask prices) on that date as reported in composite transactions for the principal U.S. national or regional securities exchange on which the Common Stock is traded. If the Common Stock is not listed for trading on a U.S. national or regional securities exchange on the relevant date, the “Last Reported Sale Price” shall be the last quoted bid price for the Common Stock in the over-the-counter market on the relevant date as reported by OTC Markets Group Inc. or a similar organization. If the Common Stock is not so quoted, the “Last Reported Sale Price” shall be the average of the mid-point of the last bid and ask prices for the Common Stock on the relevant date from each of at least three nationally recognized independent investment banking firms selected by the Company for this purpose.

  • Payback Period means the reasonably estimated period of time that it takes for the cost savings resulting from a capital improvement to equal the total cost of the capital improvement. Landlord, by itself or through an affiliate, shall have the right to directly perform, provide and be compensated for any services under this Lease. If Landlord incurs Expenses for the Building or Property together with one or more other buildings or properties, whether pursuant to a reciprocal easement agreement, common area agreement or otherwise, the shared costs and expenses shall be equitably prorated and apportioned between the Building and Property and the other buildings or properties.

  • Affiliation period means a period which, under the terms of the health insurance coverage offered

  • Trading Period means the term as defined in the NEPOOL GIS Operating Rules.

  • Non-Solicitation Period means a period of 12 months after the termination of Executive’s employment with the Company.

  • Ramp Period The Ramp Period shall begin on the Effective Date and continue for a period of 3 months following the Effective Date. Commencing with the Effective Date and at all times during the Ramp Period thereafter, Customer will receive the rates, discounts, charges and credits set forth herein and will not be subject to the AVC. Annual Volume Commitment (“AVC”): $360,000 in Total Service Charges (“AVC”) during each contract year of the Term (following the expiration of the Ramp Period).

  • PEA Period means the period commencing at 9:30 a.m., Eastern time, on the fifth (5th) Business Day immediately prior to the filing of any post-effective amendment to the Registration Statement (as defined herein) or New Registration Statement (as such term is defined in the Registration Rights Agreement), and ending at 9:30 a.m., Eastern time, on the Business Day immediately following, the effective date of any post-effective amendment to the Registration Statement (as defined herein) or New Registration Statement (as such term is defined in the Registration Rights Agreement).

  • Suspension Period shall have the meaning assigned thereto in Section 2(b).

  • Exchange Period shall have the meaning set forth in Section 2(a) hereof.